Archive for the ‘Economy data’ Category

Guan Zhou–the rent of office fell to the level in 2005

Guan Zhou , is the one of the leader area of china reform, the beneficiaries of Industrialization, he rent of office feel to the level in 2005 because financial crisis, the vacancy rate is keeping rise up.

In next year, there still have more than 570,000 SQ new office offer to the marker, it make some company begin move from old office to new office, because new office is more cheap and more beautiful.

It is not the Isolated incident in china, the rent of office in BEI JING is still fell too, and in japan, the rent of office of Tokyo is feel also.

At the same time, the price of residential rise up 30% in last months, it is very strange.

7.1% — China’s gdp growth rate in the first half of the year, not bad,

Bureau of Statistics of China announced today that China gdp growth rate of 7.1% in the first half, industrial added value grew 7.0%, cpi dropped 1.1 percent year-on-year, total retail sales of social consumer goods grew 15%, these figures seem to let some people at ease, but as the official said, now china  without a solid economic recovery.

Ok,These number seems Not bad,right? But There are still have some problem,

1: Although many of the measures taken, FDI falls 17.9% in first half, the first half of exports dropped 21.8 percent year-on-year.

In last years, china begin a big assembly and export base ,  although somebody say china have a specify export model, it is different with JAPEN, but I had to say, export is the export, it is decided by the economy of the world ,speciafy USA, EURO….

2: The results are announced in the first half of 4000 billion government stimulus plan, 7.37 trillion of new loans made under the premise that such loose fiscal and monetary policies,in the long term, it is very difficult to continue.

And, I had to say, I believe limited gov and un-wisedom market. We can not always invest by GOV , I think people’s budge is more importand then GDP, When people feel safe and people have money which really controned by themself (not had to save money for house and education, health,even a small cemetery , these price rise up crazy), when company begin invest , we can see a more longer safe economy.

3: CPI does not include real estate, it is reported by many paper that in many cities ,in the three months real estate prices  increased by 30%, and we are still not out of economic recession, right?  Asset prices will go through a time transmitted to the other areas.
4: The employment situation is grim, the current statistics on the coverage of the unemployment rate is too small to address the employment pressure is the most critical for SMEs, the support is still far from enough.

I think we should Improve efficiency in the use of funds, ensure the money is go the right place, upgrading Industrial ,invest on new technology , buy

I think we need let the most of people begin more richer to support house, health ,education ,  we need more and more focus on  intensify the construction of the social security system,to promote a fair distribution . In china, Several thousand years  ,  we still said  let people have job and house , got a good education and health . That’s the goal of  the reform.

Domestic and international food price in March continued to narrow, food imports increasing by 77%

According to media reports, China’s grain imports began to enlarge, in March this year, imports amounted reach to 4,745,000 tons, increasing by 77 % compared to the same period last year, increasing by 21.4 % compared to last month . but food exports decrease for lasting 17 months.
The soybean import accounted for more than 80% ,in first quarter , soybean imports 10.15 million tons, increasing 30.4%, accounting for 84.2% of China’s grain imports at the same period.

China’s demand for electricity was warmer

China’s demand for electricity was warmer
Chinese usage for electricity is as a whole 780.99 billion kwh in first quarter of this year , fell 4.04 %;
In March usage for electricity is 283.389 billion kwh, fell 2.01 %, the two drop ratio all greatly reduced than before.
Generating electricity capacity is the leading indicator, the data indicate that the short-term economic deterioration trend is slowing down.

Ministry of Finance announced the national fiscal income and expenditure

Ministry of Finance announced the national fiscal income and expenditure
in the first quarter, 2009
According to media reports, in March, the National fiscal revenue reach 440.221 billion yuan , less 1.374 billion yuan than the same month last year , down 0.3%. Among them, the income of the central level 204.458 billion yuan, down 10.3 percent; local level 235.763 billion yuan revenue, increasing 10.3%. the latter revenue situation should not be too optimistic.

China’s import and export total value in March

National Bureau of Statistics announced:In March 2009, China’s import and export total value of 162.02 billion U.S. dollars,

dropped 20.9 % year-on-year; 90.29 billion U.S. dollars for exports, dropped 17.1 % year-on-year,

71.73 billion U.S. dollars for imports, up 25.1 % decline; month favourable trade payment is 18.56 billion U.S. dollars, increase by 41.2%.

Indicators show that the data has improved than previous data, but I think this is not the time for optimism, only relying on short-term data on the beginning of the year

Can not describe the problem,
the effect of expanding domestic demand would more better than that of simply increasing investment,
Making the people have more money in the purse is better than only pursuing GDP figures.

 

England may suffer the financial crisis once again

According to recent news reports, this year England may suffer the financial crisis once again, the unemployment rate rose to 7.6 percent in the United States, 100,000 enterprises is likely to have bankruptcy in Australia,China may also challenge with overcapacity and shrinking of external demand.
It is the most essential thing that the world reunion and implement effective interventions, and supervisor financial industry of the United States severely,reduce unnecessary spending, relying on new technologies to create new economic growth point, in particular pay attention to the future important pillar of the economic crisis – the economic development of emerging countries.

foreign trade volume fell significantly in December

According to the latest statistics, China’s total imports and exports is 183.33 billion dollars in December,  11.1 % decline;exports of 111.16 billion dollars , fell 2.8 %; imports of 72.18 billion U.S. dollars,  21.3 % decline. China’s total imports and exports maintain the steady growth of more than 15% for 10 months, the import and export situation came to a standstill in November last year, the total volume of imports and exports appear the first negative monthly growth since October.The export and import growth appear the first time double declines since 1998.

online shopping will increase 60%

China Internet Network Information Center report shows that in 2008 China’s Internet users are nearly 300 million, increasing 41.9 % campared with the same period in 2007. due to the impact of economic crisis, the growth of online shopping market trend is clear. The current number of people online shopping has reached 74 million, an annual growth rate about 60%, the online sellers also reached 11 million people. it is clear that internet shopping have a lot of business opportunities.

China will lose 4 million jobs in this year

A famous economist said,china will lost 4 million  jobs in 2009,I think he said out a big problem which we must face.Severl months ago,many official said there have no crisis, no migrant workers come back home,no many company cloesed,we must keep confidence.I am glad this economist say out this problem,because he is a famous economist and a official–Chen Si Wei.

OK,we must know crisis have different stage when it extend in the world.More than 60% Chinese GDP is based on export,and TV set reported a commpany which genarete apple juice hard to support itself because 95% og apple juice is export to USA and EUROPA.So,we know when USA and Europa have problem,china is hard to avoid the crisis.

What we really need to do is face this crisis,not just said everthing is OK,and we can easy to solved any problem,in last 10 years it is,but after 2008,it is not so easy.To solved the crisis,we need a hard work,we need do some really thing,we need control Invalid investment,because we just have so littile money,if we lost the change to save ourself,who will give us money to save our people? Our amount of GDP is only 6% of the World,we are little,we are not huge,not cheat ourself,just face the world and protect ourself,We must refused naive,what we can believe just ourself,if we can solved economy crisis of ourself,we can buy many resource from Russia,Peru or other country,we can buy equipment from USA,Eourpa and Japan,we can rise our position.But before that ,we must recognize,we have a crisis,we must face it,and do easier to solved,if we can action easier,maybe we will have not a big crisis.